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Updated over 9 years ago on . Most recent reply

User Stats

59
Posts
8
Votes
Lisa Henrich
  • Investor
  • Columbia, PA
8
Votes |
59
Posts

Convert oil heat to gas heat in rental

Lisa Henrich
  • Investor
  • Columbia, PA
Posted
I have a rental property in PA that has oil heat. The tenants pay it but it's costing them a fortune. They are also paying $1k/mo and their own electricity/cable. Should I convert before new tenants move in or just continue to rent it out with the oil boiler? Isn't it a big turn off to renters? Thanks! Lisa

Most Popular Reply

User Stats

92
Posts
29
Votes
Brad Carrier
  • Lexington, MI
29
Votes |
92
Posts
Brad Carrier
  • Lexington, MI
Replied

I don't know what makes sense for your business. My personal experience is that I just switched from propane gas to natural gas on my own residence this past fall for about $3.5k and It's AMAZING. My heating cost is down about 50% and not worrying about a tank going empty feels so nice. I never have to check a tank or schedule a fill up again! I'll never deal with a property that has tank fed heat again.

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